Pension Consultants, Inc
Pension Consultants, Inc. is an independent third-party administrator in Farmington, CT that designs and administers employer-sponsored retirement plans for SMB and mid-market businesses, delivered by a ~30-person team of consultants and actuaries.
- Company typePrivate
- Founded-
- HeadquartersFarmington, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Pension Consultants, Inc firmographics
Firmographics- Name
- Pension Consultants, Inc
- Legal name
- Pension Consultants, Inc.
- Website
- https://mypensionconsultants.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Pension Consultants, Inc. is an independent third-party administrator in Farmington, CT that designs and administers employer-sponsored retirement plans for SMB and mid-market businesses, delivered by a ~30-person team of consultants and actuaries.
- Ownership category
- akta.pro rank
Pension Consultants, Inc industry classification
Industry- Product category
- Retirement Plan Administration Services
- NAICS
- Management Consulting Services (54161), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121)
- SIC
- Investment Advice (6282), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE)
- akta.pro secondary industries
- Retirement & Pension Planning (401(k)/IRA) (FSAEAAAD), Employee Benefits Brokerage & Consulting (FSAEADAC)
Keywords
Where Pension Consultants, Inc is headquartered
LocationHeadquarters
- HQ city
- Farmington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Pension Consultants, Inc business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Retirement Plan Administration Services: Professional services revenue from designing and administering retirement plans for employers. Services include plan design, ongoing administration, compliance support, and consulting. Revenue appears to be earned through fees charged to plan sponsors (employers) for administrative and consulting services.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Pension Consultants, Inc product offering
Product offeringCore offering
Pension Consultants, Inc. designs and administers employer-sponsored retirement plans. Their team of approximately 30 experienced consultants, actuaries, and support staff creates and maintains cost-effective, flexible retirement plans and continuously identifies ways to improve them for both employers and employees. The firm works solely on plan administration and design, allowing it to operate independently of any specific investment provider and recommend objective, product-agnostic plan structures.
Differentiator
Problem solved
Functional benefit
Products and services
- Retirement Plan Administration & Design
Companies that use Pension Consultants, Inc
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Pension Consultants, Inc technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Pension Consultants, Inc partnerships and signals
Strategic signalScale indicators1 record
Pension Consultants, Inc competitors and assessment
Company assessmentBroad incumbents
- Fidelity Workplace Investing: Fidelity's retirement plan business administers thousands of corporate 401(k) plans with bundled investment and recordkeeping services. Competes with PCI on corporate retirement plan sponsors at the largest end of the market.
- Schwab Retirement Plan Services: Charles Schwab's retirement plan services arm offers bundled 401(k) plan administration and investment options to corporate sponsors. Represents the low-fee, scale-driven competitor PCI must differentiate against.
- USI Consulting Group: National benefits and retirement consulting division of USI, providing retirement plan design, administration, and actuarial consulting to mid-market and large employers. Comparable consulting-led service mix at greater scale.
- Principal Financial Group: Major provider of retirement plan administration, recordkeeping, and investment products to corporate employers. Offers integrated services that compete directly with independent plan administration firms like PCI.
- Empower Retirement: One of the largest US retirement plan recordkeepers and administrators, serving millions of participants across thousands of employer plans. Represents the scaled incumbent alternative to PCI's boutique service model.
- NFP Retirement: Retirement consulting and administration arm of NFP, an insurance and benefits broker. Offers third-party plan administration and consulting, competing for the same mid-market employer sponsors PCI serves.
Direct peers
- SageView Advisory Group: Independent retirement plan consulting and wealth advisory firm serving corporate plan sponsors. Closest comparable in business model — provider-agnostic 401(k)/defined contribution advisory with actuarial and consulting services for employers.
- Strategic Retirement Partners: Independent retirement plan consulting firm serving corporate plan sponsors with design, benchmarking, and investment advisory services. Comparable boutique-to-mid-market consulting model focused on DC plans.
- Cammack Retirement Group: Independent retirement plan consulting firm providing investment advisory, plan design, and fiduciary support to corporate plan sponsors. Closely analogous independent-advisor positioning to PCI.
- CAPTRUST: One of the largest independent retirement plan advisory firms in the US, providing fee-only 401(k)/403(b) plan advice and investment due diligence. Directly comparable provider-agnostic model, with much larger scale than PCI.
Market position
Customer concentration
Pension Consultants, Inc social profiles
Digital presencePension Consultants, Inc financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pension Consultants, Inc leadership team
Management profileNumber of profiles
Pension Consultants, Inc funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pension Consultants, Inc M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Pension Consultants, Inc
What does Pension Consultants, Inc do?
Pension Consultants, Inc. designs and administers employer-sponsored retirement plans. Their team of approximately 30 experienced consultants, actuaries, and support staff creates and maintains cost-effective, flexible retirement plans and continuously identifies ways to improve them for both employers and employees. The firm works solely on plan administration and design, allowing it to operate independently of any specific investment provider and recommend objective, product-agnostic plan structures.
Is Pension Consultants, Inc a public or private company?
Pension Consultants, Inc is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Pension Consultants, Inc founded?
Pension Consultants, Inc was founded in -1. It employs 11 to 50 people.
Where is Pension Consultants, Inc based?
Pension Consultants, Inc is headquartered in Farmington, United States, in the North America region.
How does Pension Consultants, Inc make money?
One revenue line is on record: retirement Plan Administration Services.
Who are Pension Consultants, Inc's main competitors?
Broad incumbents on record are Fidelity Workplace Investing, Schwab Retirement Plan Services, USI Consulting Group, Principal Financial Group, Empower Retirement and NFP Retirement. Direct peers are SageView Advisory Group, Strategic Retirement Partners, Cammack Retirement Group and CAPTRUST.
Does Pension Consultants, Inc have an API?
No public API is recorded for Pension Consultants, Inc.
What industry is Pension Consultants, Inc in?
Pension Consultants, Inc's product category is Retirement Plan Administration Services. Its primary akta.pro industry code is FSAEABAE, Employer Retirement Plan Advisory (401(k)/Pension), with a secondary code of FSAEAAAD, Retirement & Pension Planning (401(k)/IRA). Its NAICS code is 54161 and its SIC code is 6282.